LIT briefly drops below $3.70, $6.87M liquidated in four hours
- —LIT briefly fell to $3.62, breaking below $3.70
- —Price rebounded to $3.93
- —Four-hour liquidations in LIT reached $6.87 million, ranking first
- —Data from OKX and Coinglass
Why it matters: The sharp pullback and outsized liquidations point to crowded positioning in LIT and the risk of further volatility.
Source: PANews